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Monday, January 30, 2023

Underwear tycoon, relative, nabbed on Thai golf course

Kim Seong-tae, former chairman of SBW Group, right, and Yang Seon-gil, current chairman of SBW Group, at a golf course in Thailand on Tuesday evening shortly after they were arrested by Thai police [JOONGANG ILBO]

The former chairman and de-facto owner of a major underwear company facing corruption charges – including one that involves Democratic Party (DP) Chairman Lee Jae-myung – was arrested in Thailand Tuesday evening.
Korean prosecutors told reporters that 55-year-old Kim Seong-tae, ex-chairman of SBW Group, was nabbed by Thai police at a golf course in Pathum Thani Province, north of Bangkok, at around 5:30 p.m.
At the time of his arrest, Kim was with current SBW…

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